With all the fear that is out there & talks about a recession I'm curious what the BP communities thoughts are on this topic.Supply being so low has really inflated the pricing in our market (Twin Cities) so do we sell & capitalize on the profits?

Great economy, generally very recession proof, this virus is an exception for everywhere since so many people are flat out unable to work.

I have seen some potential properties, however most of them would need some form of repair ranging from installing new flooring to repairing water damage and potentially more.I'm wondering how a recession will impact construction costs?

If this is a recession, will self-storage (and mobile home parks) perform as well as many of us have projected all along?  

I’m sure everyone is aware of the corona virus and how it’s affecting the economy and the talks about there being a recession.

@Heather Olson I had a deal I was working on for 5 months fall apart as my buyer was spooked about a recession.

Recession Risks Increase if Consumers Lose Confidence: Not only will financial market losses impact household wealth, they have the potential to undermine real economic growth.

@Julia Jabronski - on "worse than Great Recession".

Most of us can't comment because we are not familiar enough with the area's exposure to low oil prices and a recession.

The stability here during the recession, as well as the approachable price points and low taxes, makes it a solid market.